Otavalo, Ecuador is a city 2 hours north of Quito. A 15-minute bus ride south from Cotacachi makes for easy access to the city. Here is a link for more information about this area: https://wikitravel.org/en/Otavalo
For 35 cents, five of us took the decorated, painted and curtained bus from Cotacachi to Otavalo one cloudy day. We wanted to see the famous Otavalo market on a slow day, to avoid the weekend crowds. Here is the official tourism video for the city of Otavalo: Otavalo Tourism Video